Strategic Buyer/ Planner

Position Summary:

As a Strategic Buyer/Planner, you will develop and implement procurement strategies, analyze market trends, and collaborate with internal teams to forecast demand and maintain optimal inventory levels. You will manage supplier relationships, negotiate contracts, and identify opportunities to drive cost savings while ensuring the timely availability of materials and services to support company goals.

Key Responsibilities:

• Procurement Strategy: Develop and execute sourcing strategies to meet company objectives while balancing cost control and quality standards.
• Supplier Relationship Management: Build and nurture strong relationships with key suppliers to ensure on-time delivery, favorable contract terms, and supplier performance monitoring.
• Inventory Planning: Collaborate with cross-functional teams (e.g., manufacturing, sales, and management) to forecast demand and create inventory plans that align with business needs.
• Market Research & Trend Analysis: Monitor market conditions for new suppliers, cost trends, and emerging technologies, adjusting procurement strategies accordingly.
• Contract Negotiation: Lead negotiations with suppliers to secure favorable terms, conditions, and pricing agreements that align with company goals.
• Data Analysis & Reporting: Leverage data analytics to assess procurement performance, supply chain trends, and identify cost-saving opportunities. Present insights and reports to management.
• Risk Management: Identify and mitigate supply chain risks to ensure business continuity and minimize disruptions.
• Cross-Functional Collaboration: Partner with various departments (operations, finance, R&D) to ensure procurement and planning activities align with broader business objectives.
• Process Improvement: Continuously evaluate and optimize procurement and inventory planning processes to improve efficiency and reduce costs.

Skills and Qualifications:

• Strong negotiation, communication, and interpersonal skills.
• Analytical mindset with proven problem-solving ability.
• In-depth knowledge of supply chain and inventory management best practices.
• Proficient in MS Office Suite and ERP systems (Infor Visual preferred, e.g., SAP, Oracle).
• Strong multitasking and prioritization skills in a fast-paced environment.
• Detail-oriented with a high level of responsibility and accountability.
• Ability to work under pressure and manage complex challenges.
• Self-motivated with a commitment to continuous improvement.

Education and Experience:

• Bachelor's degree in Supply Chain Management, Business Administration, Finance, or a related field (preferred).
• Relevant experience in procurement, sourcing, or supply chain management.
• Professional certifications such as Certified Professional in Supply Management (CPSM) are a plus.